Combined Net Worth means that sum calculated as follows from borrower and guarantor financial statements, each prepared as of the same date: Borrower’s Tangible Net worth plus Guarantor(s)’ Tangible Net Worth minus the sum of the following, if included in the Guarantor’s Tangible Net Worth: assets held jointly unless all owners guaranty the debt secured hereby, Guarantor’s equity in the Borrower, receivables due from the Borrower, unverified and unrealized appreciation in personal residence(s), equity in automobiles and other personal property, and unsecured receivables, MINUS payables due to Borrower.

Combined Net Worth at a particular date, all amounts which would, in conformity with GAAP, be included on a combined balance sheet of the Borrowers and their Subsidiaries as at such date for Preferred Stock plus any increase or decrease in retained earnings between the Closing Date and such date.

Combined Net Worth means, as of any date of determination, the sum of (a) Gross Assets as of such date, minus (b) Total Liabilities as of such date.

Examples of Combined Net Worth in a sentence

Combined Net Worth shall be adjusted to exclude the impact of any dividends declared or paid during the Performance Period by adding the aggregate amount of any such dividends to the calculation of total assets of the Company as of the last day of the Performance Period.
The Parent fails to maintain a Combined Net Worth greater than or equal to the Minimum Net Worth.
In addition, the determination of Combined Net Worth as of the last day of the Performance Period shall be adjusted to exclude goodwill and intangible assets (whether net or otherwise), each as disclosed in the Company’s publicly filed financial statements on Form 10-K or Form 10-Q, as applicable, for the most recently completed fiscal quarter ending on or prior to the last day of the Performance Period.
The Borrowers will not permit the Combined Net Worth at any time to be less than $600,000,000.
WhereT= Combined Net Worth of the Consortium (as per Clause 3.2.2)M= Minimum Net Worth prescribed (See Clause 15 3.2.2) 3.Experience in Collection &Transport ation ofMSW (as per clause3 and in the format as perappendixV(B)(ii)i.

More Definitions of Combined Net Worth

Combined Net Worth means at any date, all amounts that would, in conformity with GAAP, be included on a combined statement of financial condition of the Borrowers and their respective consolidated Subsidiaries under unitholders’ capital at such date without giving effect to any non-cash charges resulting from the vesting or issuance of equity to employees, principals or others.

Combined Net Worth means at any time, all amounts that, in conformity with GAAP, would be included under the caption “total stockholders’ equity” (or any like caption) on a combined balance sheet of the Borrowers and their Subsidiaries at such time.

Combined Net Worth means that sum calculated as follows from borrower and guarantor financial statements bearing the same date as each other: Borrower's Tangible Net worth plus Guarantor(s)' Tangible Net Worth minus the sum of the following, if included in the Guarantors Tangible Net Worth: assets held jointly unless all owners guaranty this debt, Guarantor's equity in the Borrower, receivables due from the Borrower, unverified and unrealized appreciation in personal residence, equity in automobiles and other personal property, and unsecured receivables, MINUS payables due to Borrower.

Combined Net Worth the total consolidated assets of EDC and NFC and their respective Subsidiaries (in accordance with GAAP) less in each case Total Liabilities, determined on a combined basis.

Combined Net Worth means as of any date of determination total stockholders' equity of the Combined TEC Group as of such date determined and combined in accordance with GAAP, but without currency translation adjustments required by FAS 52. COMBINED TEC GROUP shall mean TEC and the Restricted Subsidiaries.

Combined Net Worth means that sum calculated as follows from borrower and guarantor financial statements, each prepared as of the same date: Borrower’s Tangible Net worth plus Guarantor(s)’ Tangible Net Worth minus the sum of the following, if included in the Guarantor’s Tangible Net Worth: assets held jointly unless ail owners guaranty the debt secured hereby, Guarantor’s equity in the Borrower, receivables due from the Borrower, unverified and unrealized appreciation in personal residence(s), equity in automobiles and other personal property, and unsecured receivables, MINUS payables due to Borrower.

Combined Net Worth means, at any date, the stockholders’ equity of the Universal Group, determined as of such date on a Combined basis.